Skinning Edwards' CAT: the governor and the proposed 'commercial activity tax'
 

https://media2.fdncms.com/gambit/ima...7.18.23_pm.png
A lot has already been said about Gov. John Bel Edwards? proposed ?commercial activity tax,? or CAT, but the early rumblings against it are nothing compared to what?s to come. The governor undoubtedly knows that, which explains why he quickly promised to find ways to reduce the tax?s adverse impact on low-margin businesses.

Edwards presented his new tax last week as part of a ?budget stabilization plan? that he hopes lawmakers will adopt in the annual session that begins next Monday, April 10.?